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Parveen's Group
In this Group: Parveen , Zahida Parveen, Sakina, Rajaan
Parveen is a 48-year-old woman who resides in a city called Vehari in Pakistan. Vehari city is famous for its agriculture industry. She is a caring lady and prefers to stay at home and take care of her family. She cooks delicious food for her family so they stay healthy. She does not have a well-built house but she never complains to her husband and spends her life happily with him in the two-room brick house. Her husband's name is N. A. and he is involved in an animal-selling business. He has been in this business for the past 10 years. He specifically deals with goats because his clientele base is butchers so he sells goats to them to earn a profit. He buys goats from the animal market at cheap rates and sells them at a good profit. Due to his good knowledge of animal breeds, his customers contact him to arrange animals for them. In this way, his family financial circle runs.
Parveen has applied for a loan from Kiva partner Asasah for her husband’s business. With the loan, her husband will buy goats in bigger quantities and fulfill the orders of his customers. She is hopeful that this investment will prove beneficial for her husband and his income will double in size.

Note: In the photo, the lady who is slightly raising her hand is Parveen.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Pakistan

  • $4,700
    Average annual income
  • 240
    View loans »
    Pakistan Loans Fundraising
  • $14,477,675
    Funds lent in using Kiva
  • 85.8
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A portion of Parveen's Group's $775 loan helped a member to buy goats to resell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 8, 2010
Listed
Sep 23, 2010
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2011